This goes to Destriers post on the 9/11/10. As he states -
PS - I'm holding for the long term as the dividends in 8 yrs will pay my house off!! ;)
Just looking at the Africa Downunder Presentation. In particular the Cashflow Chart. On this chart it looks like SDL should be running at a profit by 2014. So I gather the first 3-4 years would be to wipe out the debts it would have accumilated. But once it keeps running at a profit does SDL have to pay dividends? I think I've seen FMG still hasnt paid a dividend. How is that possible? As large as they are and at the price they are at. And if a company is running with a positive cashflow do they still have to pay divs? I know in some cases they do reinvest into the company which can be quite benificial to the company. And what percentage are divs paidout at compared to the share price? And what price do you see SDL at by 2018?
Cheers Razman.
SDL Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
